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HOME 4: Wiz Wizzy Co. purchased two machines for $250,000 each on January 2, 2013. The machines were put into use immediately. Machine A has

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HOME 4: Wiz Wizzy Co. purchased two machines for $250,000 each on January 2, 2013. The machines were put into use immediately. Machine A has a useful life of 5 years and can be used in only one research project. Machine B will be used for 2 years on a research and development project and then used by the production division for an additional 8 years. Wiz Wizzy uses the straight-line method of depreciation. What amount should Wiz Wizzy include in 2013 research and development expense

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